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  1. #3631
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    I like the part in the release that talks of more updates by the 14th December

  2. #3632
    Banned
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    Those updates would be to do with equipment purchase or what they're doing with Rahu?

  3. #3633
    Junior Member
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    Aug 2017
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    Quote Originally Posted by jonu View Post
    I like the part in the release that talks of more updates by the 14th December
    lets hope that it's not like the last time they gave a specific date on an hyped announcement and hit us with the SPP instead.

  4. #3634
    Member
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    50

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    Quote Originally Posted by Jaiden View Post
    lets hope that it's not like the last time they gave a specific date on an hyped announcement and hit us with the SPP instead.
    or even better a vote to extend the expired options 6 months
    wk

  5. #3635
    Alley Cat Brain's Avatar
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    Life is a lot more fun if you take a positive view. 10c per share by Christmas next year.

  6. #3636
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    Apr 2001
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    Quote Originally Posted by wk6332 View Post
    or even better a vote to extend the expired options 6 months
    great news that we might finally be away.That is the only news I wanted to hear--that we are onto gold extraction. Does anything else matter for SP appreciation.
    WK6332,I do not think you can favor one class of security over another. The options as I see it expired and that is that. I could be wrong but i believe the company if it needs more money can just issue new options but head shareholder would have to be included. I have experience with NZOG where they did that.
    digger

  7. #3637
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    Quote Originally Posted by digger View Post
    great news that we might finally be away.That is the only news I wanted to hear--that we are onto gold extraction. Does anything else matter for SP appreciation.
    WK6332,I do not think you can favor one class of security over another. The options as I see it expired and that is that. I could be wrong but i believe the company if it needs more money can just issue new options but head shareholder would have to be included. I have experience with NZOG where they did that.
    As normal there would be no votes for the options and only votes for shares held. shareholders would need to vote on it, if it was ever put up.
    I have held options before where it has happened. I see the chance is very low and i am not counting on it.
    wk

  8. #3638
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    Mar 2017
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    I'd certainly vote against it...Why should an options holder be given an extension? A positive announcement occurs following the end of their contract and they'd expect an extension...it's a ridiculous concept

  9. #3639
    Junior Member
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    Oct 2017
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    I agree there should not be an extension ( and I have ntloa options). The question is why didn’t this announcement come out last week or better yet 10 days ago. NTL could have used the additional capital. It certainly would have help fund additional inforstructure. We need the gold to start flowing and a processing plan on place to put real numbers around the value of the mine now

  10. #3640
    Guru
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    Apr 2003
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    Quote Originally Posted by Putrimacan View Post
    ). The question is why didn’t this announcement come out last week or better yet 10 days ago.w
    That would be illegal and directors would be liable.

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